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Thread: Steel_Magnolia's Account Talk

  1. #613

    Join Date
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    Default Re: Steel_Magnolia's Account Talk

    Wow! Welcome back ! Good to see you here. Just in time I think for some interesting market movements, too. It’s been running up so hard and so fast I can’t help but think there is a little drop in the not too distant future.

    Hope you are able to recover. Health is so important.


    Sent from my iPhone using TSP Talk Forums

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  3. Default Re: Steel_Magnolia's Account Talk

    Maggie's Best of Day

    Sent from my Pixel 3a using Tapatalk
    "When asked if my cup is half full or half empty, my only response is that I am thankful I have a cup." -Sam Lefkowitz

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  5. Default Re: Steel_Magnolia's Account Talk

    Maggie's Best of Day

    Sent from my Pixel 3a using Tapatalk
    "When asked if my cup is half full or half empty, my only response is that I am thankful I have a cup." -Sam Lefkowitz

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  7. Default Re: Steel_Magnolia's Account Talk

    Does anyone John Murphy's articles yet? If not, I can. Here's an example .


    RUSSELL 2000 GIVES SHORT-TERM WARNING --
    RSI WEAKENS --
    MACD LINES TURN NEGATIVE


    John Murphy | December 29, 2020 at 03:12 PM


    RUSSELL 2000 ISHARES WEAKEN...Stocks are having trouble holding onto today's intra-day records. Small caps in particular are showing some new signs of weakness.

    More: https://stockcharts.com/members/anal...0201229-1.html


    Last edited by tsptalk; 12-30-2020 at 12:41 PM. Reason: added link
    "When asked if my cup is half full or half empty, my only response is that I am thankful I have a cup." -Sam Lefkowitz

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  9. Default Re: Steel_Magnolia's Account Talk

    Some interesting information in one of my financial articles today makes me a lot less nervous to be all in right now:

    "The pattern forming on SPY appears to be "Three drives to Top." This pattern has a downside target to where the pattern began, which is near the 362 range. Today, SPY closed at the previous high of 12/18/20 on reduced volume and a bearish sign. Yesterday we said, "The TICK closed at -472 and in panic level, suggesting a bottom is not far off. TRIN closed at .87, which is neutral. With tick reading in panic level, could see bounce tomorrow but should find resistance near previous high of 372 on the SPY." (Which is the 12/18/20 high). A bullish setup could form near the 362 SPY in the coming days. Will remains neutral short term and bullish intermediate term for the SPX."

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  11. Default Re: Steel_Magnolia's Account Talk

    Still all in, analogs of C and I 30%, S 40%.
    Watching technicals closely.

    Sent from my Pixel 3a using Tapatalk
    "When asked if my cup is half full or half empty, my only response is that I am thankful I have a cup." -Sam Lefkowitz

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  13. #619

    Default Re: Steel_Magnolia's Account Talk

    Still in but nervous as a long-tailed cat in a room full of rocking chairs! Sticky pants deployed. LOL

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